Buying silver bullion: a practical guide

Silver bullion comes in three main forms. Coins are legal tender issued by sovereign mints; rounds are coin-like products from private mints without face value; bars are produced in sizes from one ounce to a kilogram and beyond. Larger bars generally carry lower premiums per ounce.

Because silver’s price per ounce is much lower than gold’s, a given sum buys considerably more metal by weight. That makes silver heavier to ship and larger to store, which is worth planning for, particularly for larger purchases.

HLBullion delivers by insured courier to Australian addresses, or can arrange secure storage with an independent vault provider.

Silver naturally tones over time when exposed to air. Keeping products in their original capsules or packaging, handling them by the edges, and storing them somewhere dry helps preserve their condition. Original packaging also helps when you come to sell.

Silver products are priced from the silver spot price plus a premium. Silver prices can move more sharply than gold. See the silver price in Australia and spot price and premiums.

HLBullion does not provide financial advice. Consider your own circumstances and seek independent advice where appropriate.